Business Standard

Pound Speculative Net Longs At Near 2-Month High

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Large currency speculators extended net long position in the Pound futures, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pound futures, traded by large speculators and hedge funds, totaled a net long position of 43210 contracts in the data reported through June 04 2024. This was a weekly rise of 17808 net contracts and at its highest level in two months.

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First Published: Jun 10 2024 | 1:00 PM IST

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